Q Okay, so you found a buyer. Um, I assume you guys are on good terms in terms of, like, same page. Um, what, what did due diligence look like? What was, like, the next step after, you know, you come to terms? What, what did you guys do next?
A Yeah, I think a big part of it is trust. Like, how do you build trust so that the numbers that I'm showing are accurate? Right? And how do I understand that, like, he will post funds and all that kind of stuff? So on my part, um, I was very eager to chat with him through a Google video call. Um, so we did that. Um, I got to learn more about him, his point of view, the fact that he also, like, he's a human being and is not, you know, is not a representative of a giant conglomerate or didn't seem sketchy was really helpful. And then while we were doing that video chat, I was very public, and so I presented my screen. I showed him the Shopify portal, You could see all the numbers, you could see all the customers, you can see, um, uh, how much revenue the product was generating to date, and so I think that helped him trust me. And then, um, we ended up building a, like, uh, terms of sale document that was like a contract that outlined what he would be buying, um, what, how would we transfer the assets, how, what would customer support look like, uh, for me once he acquired the assets, um, all that kind of stuff. And I think what was really important that I would recommend to anyone who goes through a process like this is we did a Google video call Where we record, we both mutually recorded the, the call, and then transferred everything on the call, and so as the call was happening,…
AI assessment note: “I presented my screen. I showed him the Shopify portal, You could see all the numbers”